Olongapo Sports Corporation distributes two premium golf balls-the Flight Dynamic and the Sure Shot Monthly sales and the contribution margin ratios for the two products follow Product Flight Dynamic Sure Shot Total Sales $740,000 $260,000 $1,000,000 CM ratio 65% 74% Fixed expenses total $572,000 per month. Required 1. Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (ie..12 is considered as 12.34) Olongapo Sports Corporation Sure Shot Flight Dynamic Amount Amount Sales 740.000 100.00 260.000 100.00 Variable expenses S 740,000 100.00 260,000 100.00 Contribution margin Fixed expenses Net operating income Total Company Amount 1,000,000 100.00 1,000,000 100.00 1,000,000